retirement saving

Connecticut's Top Five Financial Advisors

By Fred Banbury 2 July, 2023 2 mins read

Connecticut's financial and insurance industries contribute almost 1/5 of the state’s GDP. Connecticut also has many highly skilled financial advisors. Industry experts carefully choose financial advisors. Benemark, Inc., one example, employs a combination passive and active investment strategies in order to help clients achieve their financial dreams.

Coastal Bridge Advisors

Coastal Bridge Advisors are registered investment advisors that offer sophisticated, personalized advice. Coastal Bridge, which was established in 2008, combines the best of both a boutique and large-scale firm capabilities to create productive client relationships. The firm offers a wide range of strategies that cross generations, markets, or geographies.

Principals from the company have extensive industry knowledge and are dedicated providing personal service to clients. They work closely together with clients to create investment strategies and implement a comprehensive wealth-management strategy that suits their lifestyle and needs. The firm's management team has invested heavily in technology, operations, as well as client service solutions, to help clients make informed decision.

GYL Financial Synergies

GYL Financial Synergies, LLC, a financial advisory firm, is located in West Hartford, Connecticut. It has more than $5B in assets in 4693 accounts, and clients in 27 other states. This firm targets retail investors, high net-worth individuals and pension plans.

Fees are charged based on what type of service the firm provides. It can charge fixed fees, hourly or asset-based fees. It can also join a wrap program, which bundles many firm services into one cost.

Johnson Brunetti

Johnson Brunetti offers local service through its independent retirement planning firm with offices in Connecticut, Massachusetts. The company is based on trustworthiness and integrity. It aims to help clients build confidence in their financial future. Our expertise will help you put your financial well-being in our capable hands.

Johnson Brunetti, which is a wealth management company specializing in retirement investments, is headed by Joel Brunetti. He is a Certified Financial Planner(tm), a professional with over 15 years experience in financial planning. He is a certified professional financial planner and also holds the Series 65 licensure. He is also licensed as a Connecticut life and insurance agent. Outside of work, he loves to travel with his wife and their three children.

Reed Financial Planning Services LLC

Reed Financial Planning Services LLC is a Connecticut-based independent wealth management firm that specializes in retirement income planning and health insurance. The firm has 33 client accounts and $16,073,317 of AUM. It offers pension consulting services as well as other financial services. The firm is a member the Voya Field Advisory Board.

Jeremy Reed, a registered advisor with Wells Fargo Advisors helps clients create their vision for retirement. He works with individuals, families, and businesses to create a plan that suits their financial goals. He draws on the wealth of Wells Fargo Advisors' resources to help clients realize their goals.

FAQ

What are the best strategies to build wealth?

The most important thing you need to do is to create an environment where you have everything you need to succeed. You don't need to look for the money. If you're not careful you'll end up spending all your time looking for money, instead of building wealth.

Also, you want to avoid falling into debt. Although it can be tempting to borrow cash, it is important to pay off what you owe promptly.

You set yourself up for failure by not having enough money to cover your living costs. If you fail, there will be nothing left to save for retirement.

It is important to have enough money for your daily living expenses before you start saving.

How do I get started with Wealth Management?

First, you must decide what kind of Wealth Management service you want. There are many types of Wealth Management services out there, but most people fall into one of three categories:

Investment Advisory Services. These professionals will assist you in determining how much money you should invest and where. They offer advice on portfolio construction and asset allocation.
Financial Planning Services – This professional will help you create a financial plan that takes into account your personal goals, objectives, as well as your personal situation. They may recommend certain investments based upon their experience and expertise.
Estate Planning Services: An experienced lawyer will advise you on the best way to protect your loved ones and yourself from any potential problems that may arise after you die.
Ensure that a professional is registered with FINRA before hiring them. If you are not comfortable working with them, find someone else who is.

What is retirement planning?

Retirement planning is an important part of financial planning. You can plan your retirement to ensure that you have a comfortable retirement.

Planning for retirement involves considering all options, including saving money, investing in stocks, bonds, life insurance, and tax-advantaged accounts.

Statistics

If you are working with a private firm owned by an advisor, any advisory fees (generally around 1%) would go to the advisor. (nerdwallet.com)
US resident who opens a new IBKR Pro individual or joint account receives a 0.25% rate reduction on margin loans. (nerdwallet.com)
A recent survey of financial advisors finds the median advisory fee (up to $1 million AUM) is just around 1%.1 (investopedia.com)
Newer, fully-automated Roboadvisor platforms intended as wealth management tools for ordinary individuals often charge far less than 1% per year of AUM and come with low minimum account balances to get started. (investopedia.com)